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The Causes of Skill Shortages in Britain

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  • Haskel, Jonathan
  • Martin, Christopher

Abstract

It is widely felt that skill shortages are a serious problem in the United Kingdom. This paper investigates the causes of skill shortages. The authors' empirical work is based on job matching theory so that shortages correspond to long duration vacancies. They argue that shortages depend on factors internal and external to the firm. The authors find that unemployment and educational attainment are important external variables while cyclical factors and measures of flexibility in work organization are important internal factors. Copyright 1993 by Royal Economic Society.

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Bibliographic Info

Article provided by Oxford University Press in its journal Oxford Economic Papers.

Volume (Year): 45 (1993)
Issue (Month): 4 (October)
Pages: 573-88

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Handle: RePEc:oup:oxecpp:v:45:y:1993:i:4:p:573-88

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Cited by:
  1. World Bank, 2005. "Malaysia : Firm Competitiveness, Investment Climate and Growth," World Bank Other Operational Studies 8310, The World Bank.
  2. Fabling, Richard & Maré, Dave C., 2013. "Firm-Level Hiring Difficulties: Persistence, Business Cycle and Local Labour Market Influences," IZA Discussion Papers 7534, Institute for the Study of Labor (IZA).
  3. Pablo Burriel-Llombart & Jonathan Thomas, 2001. "Skill imbalances in the UK labour market: 1979-99," Bank of England working papers, Bank of England 145, Bank of England.
  4. Andrés J. Marchante & Bienvenido Ortega & Ricardo Pagán, 2005. "Determinants of Skills Shortages and Hard-to-Fill Vacancies in the Hospitality Sector," ERSA conference papers, European Regional Science Association ersa05p21, European Regional Science Association.
  5. Healy, Joshua & Mavromaras, Kostas G. & Sloane, Peter J., 2011. "Adjusting to Skill Shortages: Complexity and Consequences," IZA Discussion Papers 6097, Institute for the Study of Labor (IZA).
  6. Mok, Penny & Mason, Geoff & Stevens, Philip & Timmins, Jason, 2012. "A Good Worker is Hard to Find: Skills Shortages in New Zealand Firms," Occasional Papers, Ministry of Economic Development, New Zealand 12/5, Ministry of Economic Development, New Zealand.

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